Top 5 Food and Beverage Startup Investors in Ethiopia (May 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Novastar Ventures
VC Fund
|
2 | Kenya, Nigeria, United States | Series A, Series B | Agriculture, Internet, Clean Energy | $660k–$50M |
|
Oxfam’s Enterprise Development Programme
VC Fund
|
1 | Tunisia, Ethiopia | Grant, Series A | Retail, Blockchain, E-Commerce | |
|
Norfund
VC Fund
|
1 | Kenya, South Africa, United Kingdom | Private Equity, Debt Financing | Energy, Financial Services, Renewable Energy | $4.5M–$227M |
|
DEG
VC Fund
|
1 | India, Ghana, China | Debt Financing, Series A | Financial Services, Banking, B2B | $1M–$37M |
|
KFW DEG
VC Fund
|
1 | India, Kenya, Nigeria | Debt Financing, Grant | Financial Services, Finance, Banking | $100k–$105M |
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Show more...Investment focus
- Industry: Agriculture, Internet, Clean Energy
- Stage:Series A, Series B
- Geography: Kenya, Nigeria, United States
Investor stats
- Total investments: 48
- Round size: Series A $1M–$9.9M; Series B $660k–$50M
- Lead/follow: 46% lead, 54% follow
- Last fund: May invest from a new fund soon — raised $108M in 2020
Portfolio highlights
- BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
- Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
- MoKo Home + Living — MoKo Home is Kenya's one-stop furniture company specializing in comfort & smiles, having served over 10000 smiley homes to date. Will yours be next?
Oxfam’s Enterprise Development Programme (EDP) is an innovative model that provides support to entrepreneurs in some of the world’s poorest countries to help them create and build viable, sustainable businesses. The resulting jobs and associated opportunities provide benefits for both the employees and the wider communities around them, liftingsome of the world’s poorest families out of poverty.
Show more...Investment focus
- Industry: Retail, Blockchain, E-Commerce
- Stage:Grant, Series A
- Geography: Tunisia, Ethiopia
Investor stats
- Total investments: 2
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Farm Trust — Farm Trust is an E-commerce platform for fruits and vegetables that provide traceability through blockchain.
- GreenPath Food — Greenpath Food is a worldwide food supplier of the highest quality organic, regeneratively-grown produce from small-scale East African Farms.
Norfund is the Norwegian Investment Fund for developing countries with 24.9 bill. NOK in total commitments (2019).
Show more...Investment focus
- Industry: Energy, Financial Services, Renewable Energy
- Stage:Private Equity, Debt Financing
- Geography: Kenya, South Africa, United Kingdom
Investor stats
- Total investments: 57
- Round size: Debt Financing $4.5M–$96M; Private Equity $6.6M–$227M
- Lead/follow: 67% lead, 33% follow
- Last fund: May invest from a new fund soon — last raise in 2009
Portfolio highlights
- Miniplast — Miniplast Limited is one of the leading manufacturers of Industrial and Household products in Ghana with over 25 years of experience in the sector.
- Hela Clothing — Hela Clothing is a clothing manufacturer. From design to delivery, the firm collaborates closely with brands in the intimate, sleepwear, and children's product lines. With design centers in major markets, they can watch and predict customer preferences. This enables us to provide their customers with unique design options that fit theirrequirements.
- OH Ecosystems — OH Ecosystems is a confectionary company that produces and operates cocoa processing and confectioneries.
DEG, a Merkle Company is a full-service digital agency purpose-built to meet clients in the moment with data-driven marketing, commerce, and collaboration solutions.
Show more...Investment focus
- Industry: Financial Services, Banking, B2B
- Stage:Debt Financing, Series A
- Geography: India, Ghana, China
Investor stats
- Total investments: 14
- Round size: Series A $1M–$37M; Debt Financing $6.5M–$33M
- Lead/follow: 21% lead, 79% follow
Portfolio highlights
- Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
- Turnkey Lender — Turnkey Lender is a Commercial lending software that can improve efficiency and reduce costs for financial services companies.
- Dastgyr Technologies — Making trade and capital seamless and reliable
KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.
Show more...Investment focus
- Industry: Financial Services, Finance, Banking
- Stage:Debt Financing, Grant
- Geography: India, Kenya, Nigeria
Investor stats
- Total investments: 50
- Round size: Grant $100k–$1.1M; Debt Financing $4M–$105M
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Etana — PT Etana Biotechnologies Indonesia (Etana) is an emerging producer of high-quality, affordable and innovative biopharmaceuticals to treat a range of metabolic, autoimmune and other major life-threatening diseases, including cancer. Nathan Tirtana. Legend Capital. UOB Venture Management. Innovent Bio
- BUA Cement — BUA Cement Plc is engaged in the production and marketing of cement under the brand name “BUA Cement”. Presently the company produces CEM II type of cement in accordance with the Nigerian Industrial Standards. BUA Cement is ideal for all construction purposes in Nigeria. Its unique quality makes it the cement of choice for block-making, plasteringand concrete works. Its high early strength, rapid setting and low heat of hydration are all distinct features that characterize our high quality production process.
- Stima — Premium electric motorcycles and battery swapping technologies to better serve moto-taxi and delivery riders in Africa - Starting in Kenya
Food and Beverage Investor funding in Ethiopia at a glance
Stats across 5 deals from 8 investors.
Access all 8 investors in Ethiopia Food and Beverage startups.
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